It is a public secret that most traditional financial institutions are warming up to Bitcoin technology by now. However, none of them want to directly deal with Bitcoin itself. Thus, they are forced to create their own blockchain-based tools and applications. Belgian IT company Cegeka is developing Bitcoin-inspired payment systems for traditional banks.
Bitcoin Clones For Financial Institutions
At this point, it remains unclear whether or not Bitcoin – as a payment method – will ever gain critical mass adoption in the near future*. Financial experts will tell you how Bitcoin is not money, and it should be avoided at all costs. But one thing no one can deny is the sheer potential of Bitcoin’s underlying blockchain technology.